EV maker Ola Electric ’s consolidated net loss skyrocketed 109% to INR 870 Cr in Q4 FY25 from INR 416 Cr in the year-ago quarter. On a quarter-on-quarter (QoQ) basis, the company’s loss increased 54% ...
Days ahead of its Q4 financial disclosures, EV major Ola Electric’s board has cleared a cumulative investment of ₹2,000 Cr in its cell manufacturing arm, Ola Cell Technologies Pvt Ltd (OCT), and ...
Ola Electric plans to deploy the freshly raised funds to ramp up the cell business and expand battery energy storage systems, along with new product roll outs Additionally, the loss-making company is ...
EV company Ola Electric managed to trim its consolidated net loss in the fourth quarter of FY26 (Q4 FY26) by 43% to ₹500 Cr from ₹870 Cr in the year-ago quarter. However, on a sequential basis, the ...